The Business Times, 15 November 2003

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Total Pages: 18
1 18 The Business Times
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  • Title Section
    Lock icon Masthead
    12 1 MfTA (P) 024/03/2003 85t THE BUSINESS TIMES weekend SINGAPORE NOVEMBER 15-16 2003
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  • Article, Illustration
    Lock icon From E50 to SGX – the next batch
    885 1  - From E50 to SGX the next batch About half would consider a listing by 2005 iff the market is right By Raju Chellam [SINGAPORE] If the past is any indication, and given the rebound in the economy, it's a fair bet that about a dozen of this year's crop of
    ARTHUR LEE; PHOTOS: CHRIS LOH, ARTHUR LEE  -  885 words
  • Article
    Lock icon OCBC posts surprise 62% jump in Q3 profit
    796 1  -  It's only local bank to score 9-month earnings growth By Siow Li Sen [SINGAPORE] OCBC Bank yesterday said third-quar-ter net profits rose an unexpected 62 per cent to $292 million, winding up a solid set of results for the three local banks.
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  • Article, Illustration
    Lock icon newsbreak
    306 1 Dennis Lee Kim Yew dies [SINGAPORE] Dennis Lee Kim Yew, younger brother of Senior Minister Lee Kuan Yew, died yesterday at the age of 77. Until his death, he was the chairman and independent director of Cerebos Pacific Ltd. He was also president of the Tanah Merah Country Club,
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  • Page 1 Advertisements
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  • front
    • Article
      Lock icon Food is flavour of this year's E50 awards
      732 2  -  Food-related companies led by Petra account lor 18% of the list By Raju Chellam [SINGAPORE] Food is hot, manufacturing is stagnating and construction is cold. That's the verdict from this year's Enterprise 50 and eso.startup awards, which recognise Singapore's best private enterprises.
      732 words
    • Article, Illustration
      Lock icon Passion in the pursuit of entrepreneurship
      674 2  -  saturday soapbox 'Convincing' people into becoming passion-less entrepreneurs is one of the worst things that can happen daniel buenas AS Singapore salutes its E5O winners, it's time again to ask the question, What makes an entrepreneur? Entrepreneurship is very much a buzz-word these days.
      674 words
    • Article, Illustration
      Lock icon Lee & Lee founder dies of cancer
      374 2 Lee Lee founder dies of cancer OBITUARY DENNIS Lee Kim Yew who founded Lee Lee with his brother Senior Minister Lee Kuan Yew and SM's wife Kwa Geok Choo in 1955 died yesterday at the age of 77. The lawyer-turned-businessman was one of the major figures in the local corporate
      374 words
    • Article
      Lock icon S'pore seeing payoffs from forex turnaround
      498 2  -  Daily forex volume grew a robust 30% in first half: Hng Kiang By Larry Wee [SINGAPORE] The local economy is poised to strengthen in 2004, and Singapore will benefit from a return to growth in the foreign exchange market, Second Finance Minister Lim Hng
      498 words
    • Article
      Lock icon Clarification
      65 2 IN "Developers see red over change in plot ratio base line'* (BT, Nov 12), we said that about 1,000 sites, or up to 10 per cent of land on the island, could be affected by the baseline revision. The Urban Redevelopment Authority has pointed out that these 1,000 or
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  • Page 2 Advertisements
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      Lock icon Page 2 Advertisements Column 1
      52 2 Incorporation services in all major jurisdictions Global network of offices Ready-made companies available Management and administration services China business registration Accounting and trade support services Virtual office solutions Personal and corporate bank introductions TO ARRANGE A FREE CONSULTATION CONTACT: SimonneToh T: +********** F:+********** E:singaporeGocra.com.sg 24 Raffles Place, 26-04 Clifford Centre,
      52 words
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  • the raffles conversation
    • Article, Illustration
      Lock icon An American tale
      2293 3  -  Son of poor immigrant parents, Richard Fisher has made good in the political and business arena The former US deputy trade representative, who counts President George W Bush among his personal friends, shares his colourful experiences with VIKRAM KHANNA VIKRAM KHANNA a-jm tr INE is a very
      CHRIS LOH  -  2,293 words
    • Article
      Lock icon Up close with George W Bush
      414 3 ALTHOUGH he lost to George W Bush in an election in 1993, the American President "is a family friend and a personal friend", says Mr Fisher. "I've known him 30 years. My wife grew up with him. My wife's father and his father, George
      414 words
  • Page 3 Advertisements
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      Lock icon Page 3 Advertisements Column 1
      61 3 Raffles^ INTERNATIONAL Hotels Resorts The Raffles Conversation is brought to you through a special arrangement with Raffles International Hotels and Resorts. The Traveller's Palm in the Raffles International logo is an apt symbol. Not only has water stored at the base of this palm provided sustenance, the leaves rest in
      61 words
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  • companies
    • Article
      Lock icon Ace Dynamics sets lower placement price
      451 4  -  Ike new offer price at 9% discount to yesterday's dosing price reflects the tepid stock market By Ven Sreenivasan YOU know that the appetite for equities could be getting weak if an underwriter and a company jointly decide they should re-price a placement. And
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    • Article
      Lock icon FINANCE
      77 4 FOREX RATES USS S$ I'SS (S$ per ITS$) 1.721 £(TSS/S$ per 1.689 1906 El.TW)(lJS$/S$/E). 1.178 1028 YEN 1081 6180 RM 1800 2108 HKS 7.760 4510 BAHT 39:90 2119 RI'PIAH 8JOO 1940 RENMINBI 8199 4.823 INDIAN HI TEE 4518 2617 AS 1186 0.806 NZS 1583 0120 HOME RATES SINGAPORE* 615
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    • Article
      Lock icon MARKETS
      72 4 sn 1,796.72 (-10.02) ST index futures umm (-13.00) ntaNsanmiiiES mM 213.50 (-0.90) Friday Change KLSECOMP 79i23 *«74 NIKKEI 225 10,187.06 170.61 HANG SENG _*****.53 -24.04 SET INDEX 657.18 -0.77 JAKARTA COMP -.***** -410 MANILA COMP .*****3 +1.65 TAIPEI WPI 6.069.66 +953 SEOIXOOMP 809.89 412 SHENZHEN B 268.08 -198 AI'ST
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    • Article, Illustration
      Lock icon Oei may be taking a shot again at Japan
      1021 4  -  Jurong Engineering is neither sexy nor very rich. Then what makes the tycoon chase it? WONG WEI KONG does some detective work WONG WEI KONG WHAT'S drawing Oei Hong Leong to Jurong Engineering Ltd (JEL)? On the surface, Mr Oei's interest
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    • Article, Illustration
      Lock icon Market ends hectic week with a whimper
      531 4  -  market review STI down 1.8% or 32.17 points from last week's dose off 1,769 kenneth lim IT was a lacklustre day for trading yesterday as the Singapore market woke up on the wrong side of the bed and never got off the floor.
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    • Article
      Lock icon SPH says it is not in talks to buy MediaCorp
      253 4 SINGAPORE Press Holdings yesterday said it is currently not engaged in any discussions to acquire state-owned rival media group Media Corp. The listed media giant, which owns dailies such as The Straits Times and The Business Times as well as
      253 words
    • Article
      Lock icon Auditors cast doubts on ei-Nets future
      556 5  -  ei-Nets chief reiterates focus on new plans and aim for better results By Serena Ng JUST a few days after eiNets publicly mapped out its new business direction, its auditors have cast doubts on the Sesdaq-listed company's future. Deloitte Touche said in a note
      556 words
    • corporateroundup
      • Article
        Lock icon Beauty sells
        102 5 BEAUTY China Holdings, a brand management company that owns and manages the Colour Zone brand of cosmetics and skincare products catering to the China market, said its initial public offering has attracted strong interest for both the public and placement tranches. It said it has secured more than
        102 words
      • Article
        Lock icon DBS gears up for more Malaysian action
        138 5 DBS Group continues to beef up its activities in Malaysia. The bank's Malaysian stockbroking arm yesterday said it agreed to buy the business of the Malaysian associate of UOB-Kay Hian in Singapore. Hwang-DBS will pay RMIO million for Thong Kay Hian's business. They
        138 words
      • Article
        Lock icon Kim Eng to reap $45.7m from unit's IPO
        129 5 Bloomberg KIM Eng Securities (Thailand) Ltd (KEST), the nation's biggest broker by sales, plans to sell stock, valued at 1.9 billion baht (5581.9 million) for the first time to help finance expansion of investment banking and other businesses. The company will sell
        Bloomberg  -  129 words
      • Article
        Lock icon Banyan Tree heading for SGX
        89 5 Reuters LUXURY resort and spa operator Banyan Tree Holdings said it had appointed ÜBS AG as underwriter to an initial public offering in Singapore. One banking source said Banyan Tree might raise as much as US$2OO million. A Banyan Tree spokeswoman confirmed the appointment of
        Reuters  -  89 words
      • Article
        Lock icon CH Offshore reports strong earnings growth
        72 5 V/ti v/nsnore, an onsnore support service provioer ior the oil and gas industry in the region, recorded a net profit rise of 78 per cent to $9.6 million for the first quarter ended Sept 30. The growth was achieved on the back of a
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      • Article
        Lock icon CuocoLand Q1 not profit up
        88 5 QUEK Leng Chan's GuocoLand yesterday said its net profit for the first quarter ended Sept 30 surged to $6.3 million from $700,000 a year ago. Turnover jumped 90 PBQUfli|96 million, while earnings perjhAir rose to 1.06 ceaMfctawO.o3 cent. higher sales were due to units sold
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      • Article
        Lock icon UNC Q3 earnings up 17%
        89 5 UNITED Industrial Corp yesterday said its third-quir-ter profit rose 17 per cent to $21.8 million, while its net earnings for the nine months to September rose slightly to $56.4 million. Turnover for the first three quarters, however, fell to $291.6 million from $326.7 million. Its
        89 words
      • Article
        Lock icon Acma unit gets listing nod
        94 5 ACMA Ltd, which recently saw businessman Oei Hong Leong divesting almost his entire stake in the company, says its subsidiary, Creative Master Bermuda Limited, has received the letter of eligibility for a mainboard listing. Established in 1986, Creative Master is an independent contract manufacturer of
        94 words
      • Article
        Lock icon Lantrovision proposes bonus issue
        76 5 LANTROVISION is rewarding shareholders with a one-for-two bonus issue. The company said the proposed bonus issue will raise the number of shares in issue that are available for trading in the market, thereby improving the liquidity in die market. It will also augment the issued share
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      • Article
        Lock icon Osim sets up $200m MTN programme
        46 5 Reuters SINGAPORE healthcare products maker Osim International Ltd said yesterday it has established a Ss2oo million multi-currency debt issue programme. It currently has no plans to issue notes. DBS Bank Ltd and Standard Chartered Bank jointly arranged the programme. Reuters
        Reuters  -  46 words
      • Article
        Lock icon Loss seen for Datacraft Asia
        149 5 euters NETWORKING specialist Datacrafi Asia Ltd is expected to unvehil its second annual loss on Tuesday, hit by restructuring charges, but hefty cost cutting could see it post a small second-half profit. The outlook for South-ast Asia's biggest computer data network builder is expected to
        euters  -  149 words
    • Article
      Lock icon F&N keeps its $1 EPS promise
      528 5  -  The group beats expectations with profit of $333m By Andrea Tan FOUR years ago, many doubted it when Fraser and Neave set a goal of achieving a $1 earnings per share (EPS) by financial year 2003. The target drew scepticism then as the region
      528 words
    • Article, Illustration
      Lock icon Venture posts record earnings and sales for Q3
      513 5  -  By Serena Ng SINGAPORE'S largest listed electronics manufacturing service provider Venture Corp yesterday unveiled record quarterly earnings and sales for its third quarter ended September, as it continued to improve its market share and widen its customer base. The widely-followed blue chip
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  • Page 5 Advertisements
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      Lock icon Page 5 Advertisements Column 1
      442 5 o Fraser and Neave, Limited Results Announcement For Year Ended 30 September 2003 (these figures have not been audited) 30 Sep 2003 30 Sep 2002 Change Revenue $3,640.0 m $3,483.8 m 4% Trading profit $527.7 m $454.6 m +16% Profit before interest tax (PBIT) $587.3 m $500.7 m 17% Attributable
      442 words
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  • personal finance
    • Article, Illustration
      Lock icon brokers'take
      557 6  -  Compiled by VEN SREENIVASAN Star Cruises Ltd Nov 14 cMr 2SJ carts STAR Cruises announced 3Q03 results that were within expectations. The Sars hangover persists, particularly in the inbound fly-cruise market, resulting in lower occupancy in Asia. However, in 2004, we took forward to ships being redeployed and new
      Source: Bloomberg  -  557 words
    • tradestowatch
      • Article
        Lock icon Oei Hong Leongups his stake Hi Jurong Engineering to 27.75%
        103 6 TYCOON Oei Hong Leong continues to build up his stake in construction company Jurong Engineering (JEL), inching closer to the 30-per cent mandatory takeover threshold with purchases over the past two trading days. Through investment vehicle Chip Lian Investments Pte
        103 words
      • Article
        Lock icon Multi-Cheni's top bosses buy move shares
        102 6 MULTI-CHEM'S first couple upped their stake in the printed circuit board specialist on Thursday, continuing a slow but steady buying pattern this month. Chief executive Foo Suan Sai and his wife, chief operating officer Han Juat Hoon, bought 601,000 shares, or a 0.19 per
        102 words
      • Article
        Lock icon Fidelity a substantial owner in Datacraft once agakt
        90 6  -  Compiled by KENNETH LIM AFTER dipping below the 5 per cent threshold early this month. Fidelity Investments is once again a substantial shareholder of Datacraft Asia. The USbased fund manager bought 3.2 million shares for about %i million a week ago. It
        90 words
    • Article, Illustration
      Lock icon Improving economy will boost equities
      963 6 There are positive signs of inventory building, higher profits and benign interest rates Global stock markets have risen considerably since the lows of March 2003, and some may see this as a time to sell equities and go back into bonds. But Keith Wade, chief
      Source:  -  963 words
  • Article
    Lock icon SUBSTANTIAL SHARE HOLDER'DIRECTOR TRANSACTIONS
    638 6 m BT SSy ft J "riw rmm nnait i 12-Nc*4S MCatalRiLM M Ml MOO C2 HM U IXTHMp Utjll*li*Tn ft* 70 !J 200 at 270 3 1 anv*- U-Hcv 03 Tan Her Mm* ft* 400 40) VMS U 4006 J »J OIQloW i2*ovfl) Tan Mot (nan
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  • Page 6 Advertisements
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      Lock icon Page 6 Advertisements Column 1
      392 6 Asia Pacific Breweries Limited Results Announcement For Year Ended 30 September 2003 (these figures have not been audited) 30 Sep 2003 30 Sep 2002 Change Revenue $1,261.1 m $1,095.7 m +15% Trading profit m $114.9 m +33% Profit before interest tax (PBIT) $177.1 m $140.3 m +26% Attributable net profit
      392 words
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  • personal investment
    • Article, Illustration
      Lock icon Regular savings plans vs lump sum investment
      796 7  -  By Genieve Cua PERHAPS you've made an investment, now that market sentiment is stronger and economic recovery is more visible. Perhaps yon're also thinking about putting aside fimds regularly for your retirement kitty. You may be considering a regular savings plan (RSP) into
      FILE PHOTO  -  796 words
    • Article, Illustration
      Lock icon Board diversity may be good for companies
      1323 7  -  show me the money It seems to have a bearing on a company's ROE and ROA. Maybe it's time companies here had more women and foreigners on their boards teh hooi ling IN the wake of the numerous corporate debacles in recent years,
      1,323 words
    • Article
      Lock icon Life insurance and retirement
      561 7  -  MAILBAG James Huan Providend Pte Ltd Independent Financial Adviser, Singapore I REFER to the commentary by Benny Ong titled "Whole life policy not meant for investment" (BT, Nov 8-9) commenting on the article by Genevieve Cua titled "Estate planning: Do you need a whole life plan?"
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  • Article
    Lock icon COMPANY MEETINGS
    64 7 «CM A Jt* %mm sgggpt A MMtalteNMI *Mta» I* aaapji W«m 5?» *SX3S» m S£SSp.*"- UMm A i»MnM *n Wfci kM»MA imnmioM IN» mm A glgttg. M twrw» A ggag0LMifn_ «*4MP L«*a A SSES 1,r Moo- A MbMMNM< 'Mh» Uk* ssrsaw— BgttgttSl. MS PKTK A gOttoto* Onm «U2
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  • at home
    • Article
      Lock icon Motorola sets up procurement centre in S'pore
      404 8  -  Global centre wiN support film's third-party manufacturers and Is slated to handle $3b of annual purchasing by 2006 By Tang Weng Fai SINGAPORE will be the site for Motorola's first and probably only global procurement centre to support its third-party manufacturers, company officials
      404 words
    • Article
      Lock icon IDA offers $13.5m to train infocomm professionals
      291 8  -  By Chen Huifen THE Infocomm Development Authority of Singapore (IDA) is coming up with a few initiatives to make the IT workforce here more valuable to the economy. Among the initiatives is the injection of $13.5 million to train 5,000 infocomm professionals over
      291 words
    • Article, Illustration
      Lock icon Dairy Farm buys Shop N Save for $90m
      685 8  -  Tentative purchase price for the chain is 4.2 times NTA By Kalpana Rashiwala DAIRY Farm is buying the Shop N Save supermarket chain from QAF and Belgian retailer Delhaize for US$52 million or Ss9o million. This works out to a whopping 4.2
      FILE PHOTO  -  685 words
    • Article
      Lock icon Dip expected in October export growth
      424 8  -  eye on the economy export By Chuang Peck Ming EXPORT growth is likely to have eased to more sustainable levels in October. After soaring 25 per cent year-on-year in September a three-year high the key non-oil domestic exports probably expanded 17.2 per cent last
      424 words
    • Article, Illustration
      Lock icon Market for CDOs booming in Asia
      657 8  -  Banks doubling efforts to structure collateralised debt obligation deals By Siow Li Sen ASIAN investors' appetite for collateral ised debt obligations (CDOs), a kind of financial derivative, is growing by leaps and bounds. Fuelling the growth are mainly financial institutions which need to show
      657 words
  • Article, Illustration
    Lock icon FINANCE
    574 8 Transaction date: Nov 14 nrraBAMECUEREMCT RATES Aaotect S$ OnilTt US$ Afatest S$ fliotoit U$$ ftwcto M Offtf fk Offor drrwdw Id Offtf BW Offtr SSJVSS to 100 St/USS to one unit of foreign currency: unit* of foreign tartrate Mar 1.2405 U421 0.7211 0.72* f?™*. 2--— }SZ XI °;22 2XIT
    574 words
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  • region
    • Article, Illustration
      Lock icon Going places with the ideal capitalist tool
      399 9  -  YTL CEO Francis Yeoh tells why he prefers a stale of the art helicopter to a private jet From Eddie Toh mmiaialAtmpur WHILE many Malaysian bigwigs opt for their own private jets, power tycoon Francis Yeoh has two helicopters. This was disclosed in
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    • Article
      Lock icon Philippine bourse battered by continued political strife
      572 9  -  JITTERY MARKETS From Al Labita in Manila UNENDING political strife has battered Philippine equities as hordes of foreign funds, jittery over the country's instability, turned their backs on an erratic market in the run-up to next May's presidential election. But Philippines Stock Exchange
      572 words
    • Article
      Lock icon India's stock boom may peter out
      471 9 Traders fear the Bombay market is due for a fall unless foreign funds keep pumping in money Reuters [BOMBAY] Broker Amish Shah and his friends are jittery about India's stock market, Asia's third-best performer in 2003, as they brace for a slowdown in foreign
      Reuters  -  471 words
    • Article, Illustration
      Lock icon PCCW is slowly looking up
      745 10  -  corporate analysis Analysts are re-rating the stock despite some critical overhangs, reports JEFF WAGNER from Hong Kong JEFF WAGNER PCCW Ltd, the telecoms group chaired by Richard Li, may be on the verge of a turnaround, despite continued intense competition in its core fixed-line business,
      BLOOMBERG  -  745 words
    • Article
      Lock icon UEM World makes a strong return to KLSE
      406 10 Its shares surged 41% but closed with a gain off 18.8% Reuters [KUALA LUMPUR] Malaysia's UEM World Bhd, which took over the listing status of Renong Bhd after it sank under debts, made a strong return to the Kuala Lumpur exchange yesterday,
      Reuters  -  406 words
    • Article
      Lock icon DRB, partners win RM2.8b railway deal
      264 10 Bloomberg Reuters [KUALA LUMPUR] DRB-Hi-com Bhd, a Malaysian auto and property group, said it and its partners won two contracts to help build a rail project connecting the north and south of Malaysia for RM2.B billion (Ssl.3 billion). DRB and its partners have agreed
      Bloomberg; Reuters  -  264 words
    • inbrief
      • Article
        Lock icon Jakarta bourse may suspend Grealk
        100 10 Reuters i [JAKARTA] The Jakarta Stock Exchange yesterday said it would stop trading the shares of Indonesia's top cement maker PT Semen Gresik if the firm failed to give information about its auditor by Nov 28. "The bourse gives a deadline to the firm to
        Reuters  -  100 words
      • Article
        Lock icon Taiwan posts 42% Q3 growth
        145 10 Reuters [TAIPEI] Taiwan's economy leapt out of a Sars-in-duced downturn in the third quarter, helped by rising demand for its electronics exports. Gross domestic product showed 4.2 per cent growth from a year earlier, the Directorate General of Budget Accounting and Statistics said. Confident of
        Reuters  -  145 words
      • Article
        Lock icon Thailand to rein in property loans
        116 10 Reuters [BANGKOK] The Bank of Thailand (BOT) yesterday said it plans to issue measures to control bank lending to property projects in a bid to prevent a bubble. "We have prepared the measures. This is in order to prevent a bubble in the property
        Reuters  -  116 words
      • Article
        Lock icon Syed Mokhtar offers for MMC,Johor Port
        78 10 Reuters [KUALA LUMPUR] Malaysian businessman Syed Mokhtar Al-Bukhary has made offers to buy oustanding shares in ports-to-power group Malaysia Mining Corp Bhd and Johor Port Bhd, Johor Port said yesterday. In August, Syed Mokhtar announced plans to formalise his controlling positions in MMC and
        Reuters  -  78 words
      • Article
        Lock icon HK bankruptcies up 15% in Oct
        121 10 Reuters [HONG KONG] The number of bankruptcies in Hong Kong rose in October, the government said yesterday, showing that a nascent economic recovery is still patchy. The total number of people declared bankrupt rose 15 per cent in October to 1,936 compared with the
        Reuters  -  121 words
    • Article
      Lock icon Thaksin inundated with football club offers
      162 10 AFP [BANGKOK] Thai Prime Minister Thaksin Shinawatra said yesterday he had been inundated with invitations to buy football clubs after his failed attempt for Premier League side Fulham. "As of now there are many clubs that have contacted me in writing asking me whether
      AFP  -  162 words
  • Page 9 Advertisements
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      Lock icon Page 9 Advertisements Column 1
      1530 9 GOODWOOD PARK HOTEL LlMTra^f AND ITS SUBSIDIARIES (Incorporated in Singapore) I PROFIT AND DIVIDEND ANNOUNCEMENT i 4HI BP UNAUDITED RESULTS FOR THE FINANCIAL YEAR ENDED 30 SEPTEMBER 2003 1. Income Statement Group 30/09/03 30/09/02 $000 000 Revenue Hotel operations 91.162 102.661 (11.2) Investment operations 86.989 66,374 31.1 I i 178.151
      1,530 words
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  • Article
    Lock icon KLSE
    5 10 Transaction date: Nov 14
    5 words
  • Page 10 Advertisements
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      Lock icon Page 10 Advertisements Column 1
      39 10 nr^n Lianhe Zaobao I Century-old "magic piir I IYunnan I I Baiyao I I re-engineers to I Istay I l ahead I H y v yi'., H HH I i H H IHI mM I w* I I gnangnnnairF*
      39 words
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  • world
    • Article
      Lock icon Consumer sentiment at 18-month high in US
      438 11 LATEST US INDICATORS Wholesale prices spike, retail sales dip, industrial production up Reuters, Bloomberg [WASHINGTON] US consumer sentiment rose this month to the highest in a year and a half, buoyed by faster economic growth and signs of an improving labour market. The
      Reuters,; Bloomberg  -  438 words
    • Article
      Lock icon Hyundai family regains control of holding firm
      517 11 Two family firms' stakes in Hyundai Elevator exceed 50% Bloomberg [SEOUL] Chung Sang Young and his nephew acquired control of Hyundai Elevator Co, allowing him to defend family holdings in the South Korean industrial group following the suicide of another nephew in August.
      Bloomberg  -  517 words
    • Article, Illustration
      Lock icon Scientists make synthetic virus in 14 days
      368 11 LAT—WP [LOS ANGELESI Scientists have created a synthetic version of a tiny, harmless virus in 14 days a significant step towards the goal of creating tailor-made life forms to chew up pollutants or provide novel fuels. The work was conducted by a team
      LAT—WP; AFP  -  368 words
    • inbrief
      • Article
        Lock icon Exports boost eurozone growth
        91 11 Bloomberg [BRUSSELS] The US$B trillion economy of the dozen euro nations grew at the fastest pace in five quarters in the three months through September as a global recovery boosts exports, the European Union's statistics office said. Gross domestic product grew 0.4 per cent from the
        Bloomberg  -  91 words
      • Article
        Lock icon Japan GDP beats expectations
        90 11 Reuters [TOKYO] The Japanese economy expanded more strongly than expected in the three months to September, stretching the recovery to seven straight quarters as robust growth in the US and China boosted demand for exports. Gross domestic product for the July-September quarter grew by 0.6 per
        Reuters  -  90 words
      • Article
        Lock icon Row over SEC deal with Putnam
        119 11 Reuters FT, [NEW YORK] A fight between state and federal regulators has broken out over what punishment the mutual fund industry should face over its biggest scandal in 60 years, centred on the improper arbitraging of fUnd shares. Eliot Spitzer, New York's attorney-general, and
        Reuters; FT,  -  119 words
      • Article
        Lock icon Resone bank's new plan
        123 11 Reuters [TOKYO] Struggling Japanese bank Resona Holdings unveiled a new business plan yesterday with the aim of boosting its value so that the government could sell its stake and retrieve the US$lB billion in public funds used to bail the bank out. The bank had said
        Reuters  -  123 words
      • Article
        Lock icon BsayB profit soars
        53 11 Reuters [LONDON] British pay-TV firm BSkyß's earnings climbed sharply as chief executive James Murdoch made his debut before shareholders yesterday. BSkyß said turnover for the three months to September roee 17 per cent to £850 million (552.46 billion). Profit before interest, tax and exceptional items tripled to
        Reuters  -  53 words
    • Article, Illustration
      Lock icon Wal-Mart cash tills register no signs of recovery
      529 12 It questions economists' bullish outlook and suggests shoppers can't make ends meet Reuters [CHICAGO] Economists and politicians giddy about prospects for US economic growth got a dousing of cold water on Thursday from Wal-Mart Stores Inc. The world's largest company and retailer
      Reuters; AFP PHOTO  -  529 words
    • Article, Illustration
      Lock icon SEC chairman hit by lapses and scandals
      640 12 Coming weeks will show if Donaldson can change things Reuters [WASHINGTON] When William Donaldson arrived at the US Securities and Exchange Commission after the departure of Harvey Pitt, the new chairman may have thought the agency's troubles were at a high-water mark. But
      Reuters  -  640 words
  • Article
    Lock icon STOCKS ASIA
    6 11 Transaction date: Nov 14
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  • motoring
    • Article, Illustration
      Lock icon Golf par excellence
      1072 13  -  The 5th-generation VW car gets bigger and better with an engine that simply purrs. SAMUEL EE takes a ride SAMUEL EE BEING the apotheosis of the family hatchback is a dou-ble-edged sword. While the engineers at Volkswagen must bask in the glow of knowing that the Golf
      1,072 words
    • Article, Illustration
      Lock icon Back with a vengeance
      271 13  -  By Samuel Ee IT'S no exaggeration to say the first Volkswagen Golf GTI created its own niche segment when it debuted 18 years ago. Penned by Giugiaro, it was way ahead of its time: it had 110 hp under the bonnet and accelerated from zero to
      271 words
  • Article
    Lock icon UNIT TRUSTS & FUNDS
    38 13 UNIT TRUSTS FUNDS UClMO:Mprim—lll<ull I for f E* HnggK AMc traatfly OtvarnfUd I pSriowly focund; S Lmaw ■Me »tßw«BM»dh— ttMiiam Wgh HWc Mghar Mc apatandaft MoraajfadtoMonafwMKOTAflv tubdMnanaf wife 9 afMr «o<* *§C NA-Non DaaKng Day; O# floor McrSSOJI*
    38 words
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  • sports
    • Article, Illustration
      Lock icon Will Sorenstam get the better of the boys?
      611 14  -  She may be at a disadvantage on the longer holes but the results are always uncertain in a skins game, says VEN SREENIVASAN VEN SREENIVASAN HOW will the world's number one woman golfer, Annika Sorenstam, fare against her male competitors at the
      AFP  -  611 words
    • Article
      Lock icon Key Information
      413 14 Tiger Skins Event Data Saturday, Nov 15 (Ist 9th hole) Sunday, Nov 16 (10th 18th hote) Venue Tmah Morah Country Club (Garden Course) Gataa Open 9am (Entry for pubfic by ticket only Adults $80. Youth $25) Youth ticket: Ages 13 18 years, fud identification required. First child under
      413 words
    • Article, Illustration
      Lock icon Some unpredictability would be good
      586 14  -  frankly speaking justin sampson THE heavyweights of the northern hemisphere, England and France, meet tomorrow in Sydney. The heavyweights of the southern hemisphere, Australia and New Zealand, play today in Sydney for a position in the final in Sydney next week. It wasn't planned this
      586 words
  • Article
    Lock icon SGX
    717 14 Transaction date: Nov 14 fUmOVB (VM) VALUE (*000) M| TH IWrt Mutttlod 100,061 100,001 77,4(2 77,462 Manufaeturg 229,236 13,635 242,071 259.237 3J06 262.443 Comxnra 69,6*0 <057 73,737 26w497 1.327 27.124 TpMtorCan 07.436 531 07,957 111.604 472 112.076 ftano 13,001 ***** H206 01.206 CaMtrudion 21.729 30,009 3.690 2.993 6,591 *****4
    717 words
  • Article
    Lock icon SGX SESDAQ
    1702 14 524* Td Lart Vol Day LartQwt. GrDrv Mr GrVM MM MCa» 524* Td laat *1 Om >***& C *®t "J *3 WLiCd. ca—■» Sd. w- rum mwT u» iw »*I CV w U t— <** c—pwy w. rmm u» ly «a— m 26 75 5000 ASRHldqsSc 18.5 -05
    1,702 words
  • Article
    Lock icon BONDS & WARRANTS
    18 14 BONDS WARRANTS IWg cSScrtm «>«<»< [jwrd—prtcw—«—*x*»—ictuMT mm+mm. c C»w»irt>l« I— »t»cfcv bamti mmt UacwivartlM Imm (tecks. toad* mt iwtn.
    18 words
  • Article
    Lock icon CLOB INTERNATIONAL
    181 14 U-Wk T«l Last M Day Lift Quota GrtNv Oh (rW M "Cm £TL. cL. M.W- f—> 193 91 6000 AVJenrwngsA25< A189cd -1 507 190 189 190 191 40 88 S3 12 6001 Cathay Pac 20c MK720 J' f 6002 Chetaig KongSOc HK1780 240 63 6.7 3 *****.5 95
    181 words
  • Article
    Lock icon SGX XTRANET
    217 14 M Last M Day Last Quota GrOt* Mi CrTM tot MCaa Afa* Cmmrny Sat. W- (Wl H». I— toy Vtor Cw HI B7K 89 6065 Diamonds US2M0cd 2130 3750 3740 6095 ISDJUSTed) US3740 6097 IS MSG Spore US555 6101 ISS4P5O0 US8270 96 SO 9650 6170 SPDKS U5M50 1116
    217 words
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  • health
    • Article, Illustration
      Lock icon Quit smoking for good
      809 15  -  About 20-25% of smokers will suffer smoker's cough which is among the top 10 killers in S'pore. CHEAH UI-HOON reports CHEAH UI-HOON SMOKER'S cough experienced by adults, frankly, doesn't sound very "dangerous", unlike say, whooping cough that children are prone to get. But it is one
      REUTERS  -  809 words
    • Article
      Lock icon events
      54 15 milling- WfctTePeWWi WlilnPiitliwi Time: Today, 2pm to 4.30pm Venue: Auditorium (Training Centre, Level 1), Changi General Hospital Admission: Free The Ron FtatdMf Worttehop Time: Tomorrow, 8.30 am rvoof ana ioww ifoni Time: Tomorrow, 10.30 am/ 1.30pm/3pm Venue: Spa Botanic, The Sentosa Resort and Spa Registration: $80, please call *****403/6275
      54 words
  • Article
    Lock icon SGX MAINBOARD
    6 15 Transaction date: Nov 14
    6 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Lock icon Page 15 Miscellaneous Column 1
      252 15 CRYPTIC CROSSWORD yy 1 Lju-Lji 4 Works of poets are broad--9 1?m Wlie devil brMfcs com M Mi-] U and gets dear (6) HH 10 »n n H 12 whip cut (4) mm MnH —■jTTbB' —mm 13 SpM asunder (2,3) Stupid person the rest! (8) 31 n ra S? Pro9reSS,naPrC>
      252 words
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  • shopping/design
    • Article, Illustration
      Lock icon Seeing true colours
      1261 16  -  Need to focus? Try neutral shades like beige and grey. Want to be creative? Dynamic hues like red and yellow should do the trick CORINNE KERK finds out how colours in buildings can affect well-being CORINNE KERK DRESSED in bright, perfectly coordinated colours, Beatrice Engel is what
      CHRIS LOH  -  1,261 words
    • instore
      • Article, Illustration
        Lock icon Take your seats
        57 16 Want a quick office makeover without knocking down anything? Simple. Change the furniture. One clever option being this Dromminge armchair and sofa combination from Ikea. Constructed in steel frames and with seats made of spring core and polyurethane foam. The slipcovers are removable and washable. The armchair
        57 words
      • Article, Illustration
        Lock icon For year shoppfatg haul
        47 16 A bag worth shopping for. Liz Claiborne'spaddod shopping bag with soft pastel patterns. Roomy enough {35cm by 35cm) without overwhelming, it comes with a handy zip opening and four internal compartments. Washable, too. Price: $109. Available at Liz Claiborne, including Scotts Shopping Centre.
        47 words
      • Article, Illustration
        Lock icon Fit to party
        42 16 Raoul's latest Viva Las Vegas fall/winter range gets you in the party mood with its slim cut, Egyptian cotton shirts. Check out the silver lurex linings or mod textures. Price ranges from $89-119. Available at Raoul, including Millenia Walk.
        42 words
      • Article
        Lock icon talkshop
        183 16  -  Compiled by MIKE CHUA Milton la Walk Christmas Lucky Draw (Nov 14-Jan *****): $10,000 worth of prizes are up for grabs! Shoppers who spend at least $50 (single/accumulated same-day receipts) can take part in the draw for the following prizes: A Technomarine Timepiece worth $4,300; a Technomarine Timepiece worth
        183 words
    • Article, Illustration
      Lock icon New Orientation in life
      605 16  -  The home accessories store's pitch is changing the look of your home without burning a hole in your pocket CORINNE KERK reports CORINNE KERK THE sluggish retail scene not withstanding, a new, street-fronting home accessories store has just sprung up in the beautiful, but somewhat deserted,
      PHOTOS BY CHRIS LOH  -  605 words
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  • pursuits/wine&dine
    • Article, Illustration
      Lock icon Music to the ears
      534 17  -  Pankaj Udhas explains the beauty of ghazal, or India's ancient exotic poetry, to CHEAH UI-HOON CHEAH UI-HOON WHEN Europe had their madrigals and motets in the 14th century, India had its romantic ghazals one of the most exotic forms of poetic stanzas that is still making
      534 words
    • Article, Illustration
      Lock icon entertainmentguide
      1358 17 Going out or staying in this weekend? We round up some recommendations performances Iron's hot Rona Munro's Iron is no lightweight play, but it's a welcome change to the usually fluffy theatre scene for its convincing exploration into the life of a woman in prison and her relationship with
      1,358 words
  • Page 17 Advertisements
    • Advertisement
      Lock icon Page 17 Advertisements Column 1
      418 17 wine&dine with weekendßT v V AflfeMWafc discount on total biH ordered with your Diners Club Card. Not casual yet Inviting ambience. TUI Jan 15, receive a Remwmaraw 45 Boat Ouav Tel: 6532 9006 valid for company functions. Terms and conditions apply. complimentary side dish (Agedashi "Fried Tofu" or 10 Tuas
      418 words
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  • food
    • Article, Illustration
      Lock icon Next stop, Greenwood
      1464 18  -  The once-quiet Bukit Timah strip is livening up with the entry of Les Amis group's restaurants and while old-timers may gripe about lack of parking space, GEOFFREY EU reckons more dining establishments are heading that way GEOFFREY EU THE systematic invasion of suburbia by restaurateurs looking to
      ALL PHOTOS BY CHRIS LOH EXCEPT SEBASTIEN'S AND COO N BULL  -  1,464 words
    • Article, Illustration
      Lock icon A meaty experience
      524 18  -  By Geoffrey Eu "You can't go far wrong with steaks," says Ignatius Chan, executive director of the expansion-minded Les Amis restaurant group, and the new Coq 'N' Bull Rotisserie and Grill appears to be ample proof of that. Located in the old residential and newly-fashionable restaurant district
      524 words